Is Shopify’s Fraud Tool Costing You Good Sales?

Suppose you’re relying on Shopify’s free Fraud Analysis tool to protect your business from fraud. In that case, you may be surprised to learn just how error-prone their system truly is — and how much money, time, and headache it may be unnecessarily costing you and your customers.

NoFraud collected and analyzed data from over 10 million transactions that have gone through both Shopify’s and NoFraud’s fraud prevention systems and compared the accuracy of the decisions generated.

Shopify’s tool can be useful for identifying obvious fraud (IP proxy use, multiple card attempts, different billing & shipping addresses, etc.). However, their technology is not robust or up-to-date enough to address the increasingly complex methods fraudsters are using today. Moreover, Shopify requires you to manually review each flagged order while giving you only basic clues as to why the transaction may be illegitimate.

In contrast, NoFraud’s advanced technology: enables you to approve more valid orders with cutting-edge fraud detection saves you time by eliminating onerous manual review backs every “pass” decision with our 100% chargeback guarantee.

In other words, in the unlikely scenario that NoFraud did not catch a fraudulent charge that Shopify did, we’ll refund the chargeback in its entirety.